Jun 43 mins ago. 7, 2013 – 11:17 AM EDT
Barnes & Noble will start commissioning original works for the Nook Snaps, its e-singles section. For the first 60 days, authors keep 100 percent of the royalties, after That, the royalty rate drops to 40 percent.
Barnes & Noble has sold an e-singles as “Nook Snaps” Since December 2011, but on Thursday the company Announced That it is revamping the program and commissioning singles original content. Nook Snaps will release “3 to 5 new Nook Snaps selections of at least 5,000 words every other month” for $ 1.99 apiece.
Nook is commissioning some of the Nook Snaps, and, like Kindle Singles, will also accept unsolicited submissions – they’ll be launching a submissions box “shortly,” B & N VP of digital content Theresa Horner told me.
For the first sixty days after publication, Nook Snaps authors get 100 percent of the royalties. After That, the royalty structure Matches That offered by B & N’s self-publishing platform Nook Press – so authors will get a 40 percent royalty, assuming That all Nook Snaps are priced at $ 1.99. (By contrast, Amazon offers a 70 percent royalty on Kindle Singles That are exclusive to Amazon.) The originally commissioned Nook Snaps are only exclusive to Barnes & Noble for 60 days, after That, authors can also sell them elsewhere.
Horner told me that the Nook Snaps is “not meant to be a program in competition with Amazon Shorts [Kindle Singles]” because it is more “author-centric” and ties into the Nook Press platforms – and That distinction does not make much sense to me, Since also stresses the Amazon Kindle Singles That is a great platform for authors, and both companies are offering extra merchandising support and web page placement for the e-singles.
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